The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)

Bitcoin presents a $ 1.6 billion revenue opportunity for exchanges, according to a wide-ranging report on cryptocurrencies by Bank of America Merrill Lynch. Cboe, a first mover in cryptocurrencies among exchanges, appears the best positioned to capitalize on the opportunity, according to the bank.  Cboe has partnered with Gemini, a digital currency exchange, to roll out bitcoin-linked products as early as this year.  Bitcoin represents a $ 1.6 billion revenue opportunity for Wall Street’s exchanges. That’s according…

"The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)"

A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we’ve heard

Patrick O’Shaughnessy vividly recalls the week he was introduced to the world of cryptocurrencies. O’Shaughnessy, a manager at his family’s $ 6 billion quant asset manager of the same name, was chatting with one of his analysts over lunch at the beginning of this year about what they did over the weekend. “He told me he bought a bunch of cryptocurrencies: ether, bitcoin, and litecoin,” O’Shaughnessy told Business Insider. “And I was like, ‘What the…

"A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we’ve heard"

Bitcoin donations to a $16 billion charitable fund are soaring

Bitcoin is red hot these days. The price of the cryptocurrency is up about 140% since the beginning of this year. And now it looks like bitcoin’s popularity among the charitable is also on the rise.  According to the recently released Fidelity Charitable 2017 Giving Report, donations made in bitcoin to Fidelity Charitable, a $ 16 billion donor-advised philanthropic fund, grew to about $ 9 million in the first half of 2017. That’s about $ 2…

"Bitcoin donations to a $16 billion charitable fund are soaring"

Microsoft is working on providing digital IDs to over 1 billion undocumented people around the world (MSFT)

Microsoft is teaming up with Accenture to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents. The companies unveiled a prototype of the network on Monday at the UN headquarters in New York during the second summit of ID2020, a public-private consortium promoting the UN 2030 Sustainable Development Goal of providing legal identity for everyone on…

"Microsoft is working on providing digital IDs to over 1 billion undocumented people around the world (MSFT)"

There’s $29.4 billion in cryptocurrencies — here’s which ones people are using the most

Bitcoin became the first decentralized cryptocurrency back in 2009, and ever since interest in digital currencies has exploded. According to CoinMarketCap.com, there are 796 cryptocurrencies currently trading around the world, with a combined market cap of $ 29,374,919,176. Of those, only 10 have a market cap of $ 100 million or more. Check them out:   SEE ALSO: The first investor in Snapchat thinks each bitcoin could realistically be worth $ 500,000 by 2030 — Here’s how Join…

"There’s $29.4 billion in cryptocurrencies — here’s which ones people are using the most"